21.39 cents/kWh for Apr – Jun 2017 isn’t the highest in comparison to the previous seven quarters, but Singaporeans are displeased, since the water price hike was last announced in Budget 2017.

How Are Electricity Tariffs Set

In a 2014 article by Today, Juliana Chow, Director of Corporate Communications, Energy Market Authority explained how electricity tariffs are set in Singapore.

Electricity tariffs are adjusted every quarter, in order to reflect changes in fuel and non-fuel costs — what electricity tariff comprises of.

Fuel costs are the costs of natural gas that is used to produce more than 90% if Singapore’s electricity.

While the main elements of non-fuel costs are grid charges, capital and operating costs of companies that generate them.

All Is Not Lost

Ways to cut down our electricity intake are aplenty, now is the time to implement them.

The monsoon season, for instance, season lowers the horrid temperature in Singapore down. No need for air-conditioners!

It’s time we made the best out of the worst situations, after all, a lady showed us that it’s possible to get a $3 water bill — who knows what our fellow countrymen might come up with this time?Featured image from Propertyguru